In an interview with the Wall Street Journal, CBS executive director Leslie Munvis said that he was considering buying new interesting web projects, preferably as cheap as possible: "We are not going to buy YouTube, but it would be nice to buy a new YouTube."
For the search and acquisition of interesting projects in the state of the media corporation, 35-year-old investment specialist Quincy Smith has been enlisted. The investment budget of CBS is $ 3 million, and it is these funds that will be spent by the new department of the corporation, which will be headed by Smith.